Jay Funke, Past Chairman of the Iowa-Nebraska Equipment Dealers Association (INEDA) and co-owner of Del-Clay Farm Equipment, testified before the Senate Committee on Small Business and Entrepreneurship, sharing firsthand insight into the challenges facing agricultural businesses, equipment dealers, and rural communities.
Funke’s testimony drew on more than four decades of experience as an ag equipment dealer, farmer, and rural business leader. He addressed declining farm income, reduced equipment sales, rising inventory and financing pressures, trade uncertainty, and the ripple effects these challenges create across rural economies.
“Equipment dealers sit at the intersection of agriculture, small business, and rural communities. When farm income declines, the impact reaches far beyond the farm gate,” Funke said. “My goal was to share what dealers and farmers are experiencing right now and why timely, practical policy solutions matter to the future of rural America.”
Funke also emphasized the importance of timely farm assistance, fair and enforceable trade agreements, and policies that support young farmers, entrepreneurs, and rural communities— particularly those with populations under 10,000.